Lara Exploration (CVE:LRA) Shares Up 28% – Still a Buy?

Lara Exploration Ltd. (CVE:LRAGet Free Report) shares traded up 28% during trading on Friday . The stock traded as high as C$1.32 and last traded at C$1.28. 107,800 shares were traded during trading, an increase of 165% from the average session volume of 40,611 shares. The stock had previously closed at C$1.00.

Lara Exploration Stock Up 28.0 %

The firm has a market capitalization of C$63.28 million, a PE ratio of -361.64 and a beta of 0.31. The firm has a 50-day moving average price of C$1.49 and a 200 day moving average price of C$1.36.

Lara Exploration Company Profile

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Lara Exploration Ltd., through its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in South America. The company explores for copper, gold, silver, iron, phosphate, titanium, vanadium, tin, lead, and zinc deposits. It holds interest in the Planalto copper project located in the Carajás Mineral Province of northern Brazil.

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